June 9, 2025

Seprod Limited (SEP) has advised that all the terms and conditions of the Offer have been compiled with or waived and that as of the date of this release, approximately 465,483,003 ordinary shares of A.S. Bryden & Sons Holdings Limited (ASBH) have been tendered in response to the Offer (subject to verification of all acceptances by Republic Wealth Management Limited). The Company has further advised that following the acceptance of the tendered ASBH by Seprod, Seprod will own 80.00% of ASBH’s outstanding ordinary shares.

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